Ford Is About to Abandon American Sedans
May 1, 2018
  • Cars will be just 10% of its North American portfolio by 2020
  • Wall Street cheers CEO Hackett’s ‘bold and decisive action’

The Model T, the ’32 deuce coupe, the Thunderbird, the Mustang: For much of its 115-year history, Ford Motor Continue reading

Deutsche Bank’s Bad News Gets Worse With $35 Billion Flub
April 28, 2018
  • Most of money quickly returned and no financial harm suffered
  • Derivatives payments mistake larger than bank’s market value

The bad news at Deutsche Bank AG just got worse.

Amid a weeks-long leadership tussle that claimed the scalps of the chief Continue reading

Ford Says Farewell to Mass-Market Cars
February 16, 2018

Ford Motor Co., the 114-year-old automaker that put the world on wheels, is turning away from its original mission of selling sedans to the masses.

The company responsible for launching the modern carmaking era with Henry Ford’s assembly line Continue reading

Tesla’s Model 3 Challenges Leave Little Wiggle Room on Cash
January 11, 2018

Tesla Inc. pushed back a key production target for its pivotal Model 3 sedan again, raising questions about whether the electric-car maker may need to raise more cash.

The Elon Musk-led company now expects to assemble 5,000 Model 3s a Continue reading

Distressed Investors Are Already Buying Houston Homes for 40 Cents on the Dollar
November 10, 2017

Bryan Schild drives through the byways of Houston looking for what could be the investment opportunity of a lifetime: homes selling for as little as 40¢ on the dollar. “We Pay Cash For Flooded Homes $$$$$$$$ Don’t fix it, sell Continue reading